Shell Energy North America (US), L.P.
97.1 percent of contractually scheduled time (5-year average)
2 National Safety Council Awards for 2016; 18 since 2003
2013 Best Practices Award in Operations & Maintenance from Combined Cycle Journal; “The Best of the Best” award in 2007
2004 Bond Deal of the Year award from Project Finance International
2004 Deal of the Year award from Euromoney's Project Finance magazine
*Capacity at initial commissioning or upgrade
Tenaska Kiamichi Generating Station
Kiowa Power Partners, LLC - Kiowa, Oklahoma
The Tenaska Kiamichi Generating Station near Kiowa in Pittsburg County, Oklahoma, is a natural gas-fueled combined-cycle facility developed by Kiowa Power Partners, LLC. Tenaska affiliates manage and operate the plant, which includes four General Electric Frame 7FA gas turbines, four heat recovery steam generators and two General Electric steam turbines.
Tenaska Kiamichi is one of three Tenaska plants capable of delivering power into two reliability grids. The station’s design allows electricity to be delivered to either the Southwest Power Pool, where the plant is located, or to the Electric Reliability Council of Texas (ERCOT) via an interconnecting transmission line. The transmission line, developed by Tenaska, was the first to connect a generating plant located outside Texas to the ERCOT grid.
The facility has a long-term electricity production agreement with Shell Energy North America (US), L.P. (Shell) for the entire electrical production of the generating station, enough to power more than 1 million homes. Under this long-term agreement, Shell markets the electricity produced by the facility throughout the regional wholesale power market. Shell also supplies the natural gas to fuel the facility.
The plant provides 35 well-paying, full-time positions and, in 2016, paid approximately $5.4 million in salaries and payments to local subcontractors and vendors. Through 2016, the Tenaska Kiamichi Generating Station paid more than $33.1 million in property taxes.
In 2004, Tenaska received the Bond Deal of the Year award from Project Finance International for refinancing Tenaska Kiamichi. Euromoney’s Project Finance magazine also honored Tenaska with its Deal of the Year award for the refinancing. At $715 million, it was the largest single-asset power sector financing to close in 2004.